Trademagazin > News and articles > Market News > Partly European Union-funded tobacco plant opens in Debrecen
Partly European Union-funded tobacco plant opens in Debrecen
Róna Tobacco Trade Kft.’s new plant was built from a budget of HUF 3.1 billion and it now employs 440 people – told Marc Wagner, managing director of majority owner Vandewyck Tobacco at the opening ceremony. The European Union funded the project with HUF 322.5 million. Róna Tobacco Trade Kft. created 170 new jobs. Each year 8 billion cigarette tubes and 700-800 tons of RYO tobacco will be produced at the new plant. 50 percent of the ingredients they use are Hungarian and 50 percent are from
import.
Related news
More related news >
Related news
Italian Prime Minister Says Trade War Must Be Avoided
The tariff war between the United States and the European…
Read more >Eurozone service industry performance growth accelerated in March
The growth rate of the eurozone’s services sector performance accelerated…
Read more >Both global and individual decisions are needed to mitigate climate change
Global and individual decisions are necessary to mitigate climate change.…
Read more >